Anthony Scaramucci is rejoining hedge fund after sale collapses

Anthony Scaramucci is returning to Wall Street after a deal to sell his hedge fund business collapsed.

Scaramucci, who famously lasted just 10 days in the Trump administration last year as White House communications director, is coming back to SkyBridge Capital as co-managing partner, the firm said in a statement Monday.

The move comes after SkyBridge, a network of hedge funds that Scaramucci founded in 2005, failed to get federal regulators to sign off on its planned sale to the Chinese conglomerate HNA Group.

"Given that significant time has passed since the transaction was first announced and the uncertain timing of the approval process going forward, the parties determined that it is not in their business interests to pursue the transaction," the SkyBridge statement said.

He garnered national attention last summer during a chaotic and controversial stint in the White House. He was fired days after unleashing a vulgar tirade against top White House officials.

Scaramucci used to hold an extravagant hedge fund conference at the Bellagio in Las Vegas and hosted a show on Fox Business. The Harvard Law School graduate got his start in finance in 1989 at Goldman Sachs(GS).